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$499,900 - 116 Summer St, Martin

-
Bedrooms
-
Baths
2,710
SQ. Feet
1947
Year Built

Quadplex investment opportunity in Martin, TN just minutes from UT Martin and conveniently located near shopping, dining, and everyday amenities. This fully renovated property features four units, including two spacious 2 bed 1 bath units and two 1 bed 1 bath units, offering a versatile unit mix that appeals to a wide tenant base. Extensive renovations have been completed throughout all four units, making this a true turnkey opportunity. Exterior improvements include vinyl siding, replacement windows, updated lighting, fresh paint, and enhanced landscaping for strong curb appeal. Interior updates feature new paint, updated trim and doors, modern light fixtures, new mini blinds, and a combination of refinished hardwood floors and durable vinyl plank flooring in kitchens, bathrooms, and hallways. Kitchens have been upgraded with new cabinetry, butcher block countertops in select units, and appliances including stoves and refrigerators. Bathrooms have been refreshed with new vanities, fixtures, commodes, and tub surrounds. Major system updates include HVAC in all units, updated electrical with new panels and meters, and plumbing improvements including new water heaters and updated lines where needed. The property also includes a finished shared laundry room with two washer hookups and two dryer hookups, adding convenience for tenants. Units 1 and 2 offer larger layouts with living rooms, dining areas, and additional space, while Units 3 and 4 provide efficient upper-level living with finished interiors. One unit is currently tenant-occupied (24-hour notice required), providing immediate income potential. With strong rental demand driven by proximity to UT Martin, this property is well-positioned for consistent occupancy and long-term returns. Large units, quality renovations, and a prime in-town location make this a standout addition to any investor's portfolio.

Essential Information

  • MLS® #:
    3179490
  • Price:
    $499,900
  • Bathrooms:
    0.00
  • Square Footage:
    2,710
  • Acres:
    0.00
  • Year Built:
    1947
  • Type:
    Residential Income
  • Status:
    Active

Community Information

  • Address:
    116 Summer St
  • Subdivision:
    None
  • City:
    Martin
  • County:
    Weakley County, TN
  • State:
    TN
  • Zip Code:
    38237

Amenities

  • Utilities:
    Water Available
  • Parking Spaces:
    4

Interior

  • Heating:
    Other
  • Cooling:
    Wall/Window Unit(s)
  • # of Stories:
    2

Exterior

  • Construction:
    Brick, Vinyl Siding

School Information

  • Elementary:
    Martin Elementary
  • Middle:
    Martin Middle School
  • High:
    Westview High School

Additional Information

  • Date Listed:
    April 20th, 2026
  • Days on Market:
    8
  • Zoning:
    Commercial

Listing Details

  • Listing Office:
    Re/max Realty Source

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on April 29th, 2026 at 2:39am CDT.